Plug and Play, a company based in Silicon Valley, has joined forces with SBI Holdings, Inc. and SNBL to establish its first presence in the Greater Seattle area. This expansion will include two new offices located at the SNBL Global Gateway business incubation facility in Everett, Washington and at CoMotion Labs technology incubator on the University of Washington’s Seattle campus.
As part of this collaboration, Plug and Play will also be involved in SBI US Gateway Fund which recently launched with a budget of $40 million. The fund is focused on supporting early-stage startups across North America that specialize in artificial intelligence, advanced manufacturing, climate technology,supply chain management,and healthcare.
“We are excited to partner with SBI Holdings,SBNL,and University of Washington to bring our innovation platform to Seattle,” said Plug and Play Founder & CEO,Saeed Amidi.”The Pacific Northwest has a thriving tech ecosystem,and we look forward to contributing by supporting innovative companies.”
In summary,the startup platform PlugandPlay plans an expansion intoSeattle through partnershipswithSBIHoldingsInc.,SNBLandtheUniversityofWashington.TheexpansionwillincludeofficesattheSNBLSNGLGlobalGatewaybusinessincubationfacilityinEverett,WashintonandalsoatCoMotionLabstechnologyincubatorontheUniversityofWashington’scampus.PlugandPlaywillalsobeinvolvedinSBIUSGatewayFundwhichfocusesonearlystagestartupsacrossNorthAmericainvarioussectorsincludingartificialintelligenceadvancedmanufacturingclimatetechnologysupplychainmanagementandshealthcare.Founder&CEO,SaeedAmidistatesthattheyareexcitedtocontributebyprovidinginnovativecompaniessupportinthethrivingtechecosystemofthepacificnorthwestregion.
